Col Digital Publishing Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 10:44 am EDT
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COL Digital Publishing Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 218.714 million compared to CNY 167.360 million a year ago. Operating loss was CNY 15.686 million compared to operating Income of CNY 4.918 million a year ago. Net loss was CNY 26.630 million compared to net income of CNY 4.039 million a year ago. Basic loss per share from continuing operations was CNY 0.0366 compared to basic earnings per share from continuing operations of CNY 0.0056 a year ago. Diluted loss per share from continuing operations was CNY 0.0356 compared to diluted earnings per share from continuing operations of CNY 0.0055 a year ago.
COL Group Co Ltd, formerly COL Digital Publishing Group Co Ltd, is a China-based company mainly engaged in digital publishing business. The Company is mainly engaged in digital content production and authorization, intellectual property (IP) cultivation and derivative development, intellectual property protection and metaverse business. The Company provides online literary works through a full-category original content production platform and website. The Company is also engaged in the audio business, as well as web-based IP derivative businesses such as short and medium dramas, animation, as well as film and television. The metaverse business mainly includes the operation of the metaverse essay contest, digital collection platform and metaverse culture lab. The Company also provides animation product Spotlight and romance novel platform Kiss for overseas users. The Company mainly conducts its businesses in the domestic and overseas markets.